KEYTRUDA plus Padcev improves survival for bladder cancer patients
Investing.com - Stifel maintained its Hold rating on First Watch Restaurant Group (LON:RTN) (NASDAQ:FWRG) with a price target of $17.00, according to a research note released Monday. The stock currently trades at $17.66, with analyst targets ranging from $17 to $25.
The research firm’s analyst Chris O’Cull reaffirmed the existing rating and target price for the daytime dining restaurant chain, suggesting a neutral outlook on the stock’s near-term performance.
First Watch operates in the casual dining segment, specializing in breakfast, brunch and lunch offerings with locations across the United States.
The $17.00 price target reflects Stifel’s assessment of the company’s current market position and growth prospects within the competitive restaurant industry.
The firm’s maintained Hold rating indicates Stifel believes First Watch shares are appropriately valued at current levels, with potential upside and downside risks roughly balanced.
In other recent news, First Watch Restaurant Group Inc. announced its financial results for the second quarter of 2025, showing mixed outcomes. The company reported earnings per share (EPS) of $0.03, which fell short of the anticipated $0.06, representing a 50% shortfall. However, First Watch’s revenue slightly surpassed expectations, reaching $307.9 million compared to the forecasted $306.6 million. Despite the earnings miss, the company’s revenue performance was a positive aspect of the report. The earnings announcement was followed by a notable premarket stock surge. The stock’s movement is not detailed here, but the financial results were evidently influential. These recent developments highlight the company’s current financial landscape.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.